Block Chain Crypto

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Block Chain Crypto
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Blockchain Cryptocurrency
A cryptocurrency is a decentralized digital
currency that is backed and encrypted by
blockchain technology to verify. Because of this
it can be sent, received, and used all over the
world without limitations, as long as there is a
connection to a node.
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Cryptocurrency and Blockchain Uses
Cryptocurrency allows money to be stored where it
is not controlled by a centralized entity such as
a bank. This allows users freedom to do what they
want with their money without having to rely on
an intermediary. Cryptocurrencies use also goes
far beyond money. On the blockchain of some
currencies like Ethereum, users can code Smart
Contracts into the blockchain. Put simply, if
one action takes place, the smart contract will
then trigger a subsequent action. This allows
decentralized applications (DApps) to be built
using blockchain technology. This again makes it
so the applications and programs being built are
decentralized and opens an entire new world of
use for cryptocurrency beyond just money.
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Different Cryptocurrencies
There are thousands of different cryptocurrencies
in the world, and while each is designed to
provide some new feature or function   
Cryptocurrencies are not issued, regulated, or
backed by a central authority like a bank or the
government. They are decentralized, not
centralized.    Cryptocurrencies are created
using a distributed ledger (blockchain) and
peer-to-peer (P2P) review.    Bitcoin and other
coins are encrypted (secured) with specialized
computer code called cryptography.    As assets,
cryptocurrencies are generally stored in digital
wallets, commonly a blockchain wallet, which
allows users to manage and trade their coins.
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